Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
KAREN MAYERS GAMORAN FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)788 110TH AVENUE NEROOM/SUITE N 2902Room/suite
City or town, state, and ZIP code
BELLEVUE, WA98004
A Employer identification number

20-0515144
B Telephone number (see instructions)

(206) 920-8100
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,390,149J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 86 86  
4 Dividends and interest from securities...... 48,227 48,227  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 34,964
b Gross sales price for all assets on line 6a 3,782,653
7 Capital gain net income (from Part IV, line 2)... 13,008
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,337 9,861  
12 Total. Add lines 1 through 11........ 94,614 71,182  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 11,354     11,354
b Accounting fees (attach schedule)....... Click to see attachment 2,775     2,775
c Other professional fees (attach schedule).... Click to see attachment 17,776 17,776    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 2,007 7    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 33,912 17,783   14,129
25 Contributions, gifts, grants paid........ 15,736 240,336
26 Total expenses and disbursements. Add lines 24 and 25 49,648 17,783   254,465
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 44,966
b Net investment income (if negative, enter -0-) 53,399
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 323,035 40,948 40,948
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,156,140 Click to see attachment2,262,828 2,301,074
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 52,362 Click to see attachment48,127 48,127
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,531,537 2,351,903 2,390,149
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................... 741,000 516,400
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 741,000 516,400
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,790,537 1,835,503
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,790,537 1,835,503
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,531,537 2,351,903
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,790,537
2 Enter amount from Part I, line 27a..................... 2 44,966
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 1,835,503
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,835,503
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 13,008
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 308,552 2,722,055 0.113353
2010 177,893 2,757,570 0.064511
2009      
2008      
2007      
2 Total of line 1, column (d) ...................... 2 0.177864
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.088932
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,481,016
5 Multiply line 4 by line 3....................... 5 220,642
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 534
7 Add lines 5 and 6......................... 7 221,176
8 Enter qualifying distributions from Part XII, line 4.............. 8 254,465
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 534
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 534
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 534
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,586
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,586
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,052
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet1,052 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletWA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletKAREN GAMORAN Telephone no.bullet (206) 920-8100
    Located atbullet788 110TH AVENUE NE N 2902BELLEVUEWA ZIP+4bullet98004
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    KAREN MAYERS GAMORANClick to see attachment PRESIDENT
    5.00     		0 0 0
    788 110TH AVENUE NE N 2902
    788 110TH AVENUE NE N 2902
    BELLEVUE,WA98004
    JOEL B GAMORANClick to see attachment SECRETARY
    1.00     		0 0 0
    788 110TH AVENUE NE N 2902
    788 110TH AVENUE NE N 2902
    BELLEVUE,WA98004
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,369,009
    b
    Average of monthly cash balances.......................
    1b
    99,544
    c
    Fair market value of all other assets (see instructions)................
    1c
    50,245
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,518,798
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,518,798
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    37,782
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,481,016
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    124,051
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    124,051
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    534
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    534
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    123,517
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    123,517
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    123,517
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    254,465
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    254,465
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    534
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    253,931
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 123,517
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010....... 40,410
    e From 2011....... 173,277
    fTotal of lines 3a through e......... 213,687
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 254,465
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 123,517
    e Remaining amount distributed out of corpus 130,948
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 344,635
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		344,635
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010.... 40,410
    d Excess from 2011.... 173,277
    e Excess from 2012.... 130,948
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    KAREN GAMORAN
    788 110TH AVENUE NE N 2902
    BELLEVUE,WA98004
    (206) 920-8100
    bThe form in which applications should be submitted and information and materials they should include:
    INFORMATION ON ORGANIZATION AND NEED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    HILLEL FOUNDATION
    HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE
    4745 17TH AVENUE NE
    4745 17TH AVENUE NE
    SEATTLE,WA98105     		  501(C)(3) CAPITAL CAMPAIGN 200,000
    HILLEL FOUNDATION
    HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE
    4745 17TH AVENUE NE
    4745 17TH AVENUE NE
    SEATTLE,WA98105     		  501(C)(3) MORTGAGE BURNING 5,000
    JEWISH DAY SCHOOL
    METROPOLITAN JEWISH DAY SCHOOL
    15749 NE 4TH STREET
    15749 NE 4TH STREET
    BELLEVUE,WA98008     		  501(C)(3) DEVELOPMENT AND VOLUNTEER ROOM 10,000
    JEWISH FEDERATION
    JEWISH FEDERATION OF GREATER SEATTLE
    2031 3RD AVENUE
    2031 3RD AVENUE
    SEATTLE,WA98121     		  501(C)(3) FAMILY MATTER CAMPAIGN 10,000
    MULTIPLE SCLEROSIS SOCIET
    MULTIPLE SCLEROSIS SOCIETY
    1501 REEDSDALE ST STE 105
    1501 REEDSDALE ST STE 105
    PITTSBURGH,PA15233     		  501(C)(3) GENERAL OPERATING SUPPORT 300
    MULTIPLE SCLEROSIS SOCIET
    MULTIPLE SCLEROSIS SOCIETY
    1501 REEDSDALE ST STE 105
    1501 REEDSDALE ST STE 105
    PITTSBURGH,PA15233     		  501(C)(3) GENERAL OPERATING SUPPORT 4,000
    UCLA FOUNDATION
    UCLA FOUNDATION
    405 HILGARD AVENUE
    405 HILGARD AVENUE
    LOS ANGELES,CA90095     		  501(C)(3) OPERATION MEND 2,000
    JEWISH FEDERATION OF GREATER SEATTL
    JEWISH FEDERATION OF GREATER SEATTLE
    2031 THIRD AVENUE
    2031 THIRD AVENUE
    SEATTLE,WA98121     		  501(C)(3) WEXNER PROGRAM 1,400
    HADASSAH FOUNDATION INC
    HADASSAH FOUNDATION INC
    50 WEST 58TH STREET
    50 WEST 58TH STREET
    NEW YORK,NY10019     		  501(C)(3) FILM FESTIVAL 500
    JUVENILE DIABETES RESEARCH FOUNDATI
    JUVENILE DIABETES RESEARCH FOUNDATION
    26 BROADWAY 14TH FLOOR
    26 BROADWAY 14TH FLOOR
    NEW YORK,NY10004     		  501(C)(3) GENERAL OPERATING SUPPORT 2,500
    TEMPLE DE HIRSH SINAI
    TEMPLE DE HIRSCH SINAI
    1511 EAST PIKE
    1511 EAST PIKE
    SEATTLE,WA98122     		  501(C)(3) GENERAL OPERATING SUPPORT 36
    TREEHOUSE
    TREEHOUSE
    2100 24TH AVE S STE 200
    2100 24TH AVE S STE 200
    SEATTLE,WA98144     		  501(C)(3) GENERAL OPERATING SUPPORT 1,500
    YOUTHCARE
    YOUTHCARE
    2500 NE 54TH STREET
    2500 NE 54TH STREET
    SEATTLE,WA98105     		  501(C)(3) GENERAL OPERATING SUPPORT 1,000
    JEWISH FAMILY SERVCIE
    JEWISH FAMILY SERVICE
    1601 16TH AVENUE
    1601 16TH AVENUE
    SEATTLE,WA98122     		  501(C)(3) GENERAL OPERATING SUPPORT 1,500
    WA ST HOLOCAUST EDUCATION RESOURCE
    WA ST HOLOCAUST EDUCATION RESOURCE CENTER
    2031 THIRD AVENUE
    2031 THIRD AVENUE
    SEATTLE,WA98121     		  501(C)(3) GENERAL OPERATING SUPPORT 500
    KATHY GOERTZEN FOUNDATION
    KATHY GOERTZEN FOUNDATION
    3213 WEST WHEELER STREET
    3213 WEST WHEELER STREET
    SEATTLE,WA98199     		  501(C)(3) GENERAL OPERATING SUPPORT 100
    Total .................................bullet 3a 240,336
    bApproved for future payment
    JEWISH FEDERATION OF GREATER SEATTL
    JEWISH FEDERATION OF GREATER SEATTLE
    2031 THIRD AVENUE
    2031 THIRD AVENUE
    SEATTLE,WA98121     		  501(C)(3) WEXNER PROGRAM 1,400
    Total .................................bullet 3b 1,400
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 86  
    4 Dividends and interest from securities....     14 48,227  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     14 9,861  
    8Gain or (loss) from sales of assets other than inventory     18 34,964  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPACIFIC SYSTEMS     16 1,476  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   94,614  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1394,614
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STERLING KUDER & CO 2,775     2,775

    TY 2012 CompensationExplanation
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Person Name Explanation
    KAREN MAYERS GAMORAN  
    JOEL B GAMORAN  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    4337.072 SH FRANK RUSSELL EMRG MKTS 2011-01 PURCHASE 2012-03   79,585 90,948     -11,363  
    1756.324 SH FRANK RUSSELL REAL ESTAT 2011-01 PURCHASE 2012-03   63,930 63,544     386  
    7359.652 SH RUSSELL COMMODITY STRAT 2011-01 PURCHASE 2012-03   68,763 78,004     -9,241  
    24878.346 SH RUSSELL GLOBAL EQUITY F 2011-01 PURCHASE 2012-03   225,149 221,666     3,483  
    5949.579 SH RUSSELL GLOBAL INFRASTRU 2011-01 PURCHASE 2012-03   64,136 61,043     3,093  
    5966.098 SH RUSSELL GLOBAL OPP CRED 2011-01 PURCHASE 2012-03   61,153 59,661     1,492  
    4047.589 SH RUSSELL INVT CO 2011-01 PURCHASE 2012-03   100,744 93,418     7,326  
    62634.037 SH RUSSELL STRATEGIC BOND 2011-01 PURCHASE 2012-03   693,359 674,569     18,790  
    233.652 SH RUSSELL STRATEGIC BOND FD 2011-02 PURCHASE 2012-03   2,587 2,521     66  
    174.322 SH RUSSELL STRATEGIC BOND FD 2011-03 PURCHASE 2012-03   1,930 1,890     40  
    7976.906 SH RUSSELL US CORE EQUITY 2011-01 PURCHASE 2012-03   241,620 226,066     15,554  
    6559.142 SH US QUANT EQUITY 2011-01 PURCHASE 2012-03   217,960 190,412     27,548  
    10666.554 SH RUSSELL DEVEL MARKETS 2011-01 PURCHASE 2012-03   322,343 336,956     -14,613  
    71.41 SH CRA 2012-02 PURCHASE 2012-03   71 71        
    167316.95 SH CRA 2012-02 PURCHASE 2012-03   167,317 167,317        
    71.646 SH FRANK RUSSELL EMRG MKTS 2011-12 PURCHASE 2012-03   1,315 1,167     148  
    186.875 SH FRANK RUSSELL EMRG MKTS 2011-12 PURCHASE 2012-03   3,429 3,044     385  
    16.182SH FRANK RUSSELL REAL ESTAT 2011-04 PURCHASE 2012-03   589 598     -9  
    15.084SH FRANK RUSSELL REAL ESTAT 2011-07 PURCHASE 2012-03   549 576     -27  
    11.385 SH FRANK RUSSELL REAL ESTAT 2011-10 PURCHASE 2012-03   414 339     75  
    .339 SH FRANK RUSSELL REAL ESTAT 2011-12 PURCHASE 2012-03   12 11     1  
    306.868 SH RUSSELL COMMODITY STRAT 2011-12 PURCHASE 2012-03   2,992 2,937     55  
    231.391 SH RUSSELL GLOBAL EQUITY FND 2011-12 PURCHASE 2012-03   2,094 1,853     241  
    11.995 SH RUSSELL GLOBAL INFRASTRU 2011-04 PURCHASE 2012-03   129 132     -3  
    92.87 SH RUSSELL GLOBAL INFRASTRU 2011-07 PURCHASE 2012-03   1,001 1,024     -23  
    39.468 SH RUSSELL GLOBAL INFRASTRU 2011-10 PURCHASE 2012-03   425 365     60  
    2.19 SH RUSSELL GLOBAL INFRASTRU 2011-12 PURCHASE 2012-03   24 22     2  
    35.7 SH RUSSELL GLOBAL INFRASTRU 2011-12 PURCHASE 2012-03   385 358     27  
    5966.098 SH RUSSELL GLOBAL OPP CRED 2011-12 PURCHASE 2012-03   4,103 3,859     244  
    12.977 SH RUSSELL INVT CO 2011-12 PURCHASE 2012-03   323 286     37  
    288.771 SH RUSSELL STRATEGIC BOND FD 2011-04 PURCHASE 2012-03   3,197 3,130     67  
    225.876 SH RUSSELL STRATEGIC BOND FD 2011-05 PURCHASE 2012-03   2,500 2,473     27  
    242.942 SH RUSSELL STRATEGIC BOND FD 2011-06 PURCHASE 2012-03   2,689 2,677     12  
    250.36 SH RUSSELL STRATEGIC BOND FD 2011-07 PURCHASE 2012-03   2,771 2,736     35  
    247.913 SH RUSSELL STRATEGIC BOND FD 2011-08 PURCHASE 2012-03   2,744 2,744        
    225.17 SH RUSSELL STRATEGIC BOND FD 2011-09 PURCHASE 2012-03   2,493 2,493        
    169.859 SH RUSSELL STRATEGIC BOND FD 2011-10 PURCHASE 2012-03   1,880 1,858     22  
    104.589 SH RUSSELL STRATEGIC BOND FD 2011-11 PURCHASE 2012-03   1,158 1,152     6  
    161.845 SH RUSSELL STRATEGIC BOND FD 2011-12 PURCHASE 2012-03   1,792 1,769     23  
    167.65 SH RUSSELL STRATEGIC BOND FD 2011-12 PURCHASE 2012-03   1,856 1,812     44  
    603.923 SH RUSSELL STRATEGIC BOND FD 2011-12 PURCHASE 2012-03   6,685 6,528     157  
    215.735 SH RUSSELL STRATEGIC BOND FD 2012-02 PURCHASE 2012-03   2,388 2,386     2  
    6.225 SH RUSSELL U S CORE EQUITY 2011-04 PURCHASE 2012-03   189 184     5  
    22.528 SH RUSSELL U S CORE EQUITY 2011-07 PURCHASE 2012-03   682 664     18  
    20.131 SH RUSSELL U S CORE EQUITY 2011-10 PURCHASE 2012-03   610 483     127  
    32.853 SH RUSSELL U S CORE EQUITY 2011-12 PURCHASE 2012-03   995 886     109  
    11.511 SH US QUANT EQUITY 2011-04 PURCHASE 2012-03   383 358     25  
    17.95 SH US QUANT EQUITY 2011-07 PURCHASE 2012-03   596 570     26  
    16.534 SH US QUANT EQUITY 2011-10 PURCHASE 2012-03   549 435     114  
    24.683 SH US QUANT EQUITY 2011-12 PURCHASE 2012-03   820 736     84  
    194.287 RUSSELL INTL DEVEL MKTS 2011-12 PURCHASE 2012-03   5,871 5,180     691  
    418536.59 SH CRA 2012-03 PURCHASE 2012-03   418,537 418,537        
    10 SH AIR PRODS & CHEMS 2012-03 PURCHASE 2012-04   916 905     11  
    101.78 SH CRA 2012-03 PURCHASE 2012-04   102 102        
    47 S ROVI 2012-03 PURCHASE 2012-04   1,380 1,538     -158  
    2344.19 SH CRA 2012-03 PURCHASE 2012-04   2,344 2,344        
    53 SH ROVI 2012-03 PURCHASE 2012-04   1,532 1,735     -203  
    5428.43 SH CRA 2012-03 PURCHASE 2012-04   5,428 5,428        
    90 SH JOHNSON & JOHNSON 2012-03 PURCHASE 2012-04   5,662 5,847     -185  
    40 SH STATE STREET 2012-03 PURCHASE 2012-04   1,851 1,847     4  
    50 SH AT&T 2012-03 PURCHASE 2012-05   1,662 1,586     76  
    2385.91 SH CRA 2012-03 PURCHASE 2012-05   2,386 2,386        
    40 SH TEXAS INSTRUMENTS 2012-03 PURCHASE 2012-05   1,180 1,347     -167  
    30 SH COCA COLA 2012-03 PURCHASE 2012-06   2,193 2,151     42  
    387.61 SH CRA 2012-03 PURCHASE 2012-06   388 388        
    8 SH IBM 2012-03 PURCHASE 2012-06   1,520 1,657     -137  
    90 SH AGILENT TECHNOLOGIES 2012-03 PURCHASE 2012-06   3,387 4,032     -645  
    22263.71 SH CRA 2012-03 PURCHASE 2012-06   22,264 22,264        
    2306.51 SH CRA 2012-05 PURCHASE 2012-06   2,307 2,307        
    30 SH VERIZON 2012-03 PURCHASE 2012-06   1,311 1,178     133  
    14 SH BAIDU 2012-03 PURCHASE 2012-06   1,560 2,059     -499  
    1558.32 SH CRA 2012-03 PURCHASE 2012-07   1,558 1,558        
    14 SH BAIDU 2012-03 PURCHASE 2012-07   1,564 2,059     -495  
    14 SH BAIDU 2012-03 PURCHASE 2012-07   1,519 2,059     -540  
    50 SH JOHNSON CONTROLS 2012-03 PURCHASE 2012-07   1,342 1,620     -278  
    40 SH YUM BRANDS 2012-03 PURCHASE 2012-07   2,481 2,835     -354  
    2328.23 SH CRA 2012-06 PURCHASE 2012-07   2,328 2,328        
    120 SH B B & T 2012-03 PURCHASE 2012-07   3,823 3,728     95  
    150 SH CITIGROUP 2012-03 PURCHASE 2012-07   3,985 5,610     -1,625  
    70 SH JP MORGAN CHASE 2012-03 PURCHASE 2012-07   2,449 3,183     -734  
    1 SH BRISTOL MYERS SQUIBB 2012-04 PURCHASE 2012-08   32 34     -2  
    110 SH BRISTOL MYERS SQUIBB 2012-04 PURCHASE 2012-08   3,486 3,732     -246  
    1208.75 SH CRA 2012-03 PURCHASE 2012-08   1,209 1,209        
    24090.461 BNY MELLON EMERGING MKTS 2012-03 PURCHASE 2012-08   227,655 245,000     -17,345  
    49 SH BRISTOL MYERS SQUIBB 2012-04 PURCHASE 2012-08   1,545 1,662     -117  
    16685.79 SH CRA 2012-03 PURCHASE 2012-08   16,686 16,686        
    4751.848 DREYFUS DIVERSIFIED INTL 2012-03 PURCHASE 2012-08   45,000 46,235     -1,235  
    10.67 SH CRA 2012-07 PURCHASE 2012-08   11 11        
    2346.07 SH CRA 2012-03 PURCHASE 2012-08   2,346 2,346        
    50 SH VALERO ENERGY 2012-03 PURCHASE 2012-08   1,429 1,351     78  
    2595.155 SH RYDEX MANAGED FUTURES ST 2012-03 PURCHASE 2012-08   57,742 60,000     -2,258  
    57000 SH CRA 2012-03 PURCHASE 2012-08   57,000 57,000        
    200 SH ISHARES S&P GSCI COMMODITY 2012-03 PURCHASE 2012-08   6,902 7,149     -247  
    6800 SH CRA 2012-03 PURCHASE 2012-08   6,800 6,800        
    2374.38 SH CRA 2012-08 PURCHASE 2012-09   2,374 2,374        
    30 SH HALLIBURTON 2012-03 PURCHASE 2012-09   1,082 1,003     79  
    20 SH SCHLUMBERGER 2012-03 PURCHASE 2012-09   1,492 1,464     28  
    718.13 SH CRA 2012-08 PURCHASE 2012-09   718 718        
    70 SH MERCK & CO 2012-03 PURCHASE 2012-09   3,164 2,684     480  
    70 SH MERCK & CO 2012-03 PURCHASE 2012-09   3,168 2,684     484  
    30 SH MERCK & CO 2012-06 PURCHASE 2012-09   1,358 1,121     237  
    110 NOBLE CORP 2012-03 PURCHASE 2012-09   3,908 4,238     -330  
    150 SH TEXAS INSTRUMENTS 2012-03 PURCHASE 2012-09   4,155 5,050     -895  
    40 SH VALERO ENERGY 2012-03 PURCHASE 2012-09   1,251 1,081     170  
    20 SH ACCENTURE 2012-03 PURCHASE 2012-09   1,399 1,306     93  
    2287.98 SH CRA 2012-08 PURCHASE 2012-10   2,288 2,288        
    10 SH COMCAST 2012-07 PURCHASE 2012-10   355 316     39  
    60 SH KRAFT FOODS 2012-03 PURCHASE 2012-10   2,783 2,418     365  
    2353.04 SH CRA 2012-03 PURCHASE 2012-10   2,353 2,353        
    3.72 SH CRA 2012-09 PURCHASE 2012-11   4 4        
    130 SH EMC 2012-03 PURCHASE 2012-11   3,217 3,819     -602  
    60 SH NXP SEMICONDUCTORS 2012-03 PURCHASE 2012-11   1,288 1,354     -66  
    50 SH EMC 2012-03 PURCHASE 2012-11   1,231 1,469     -238  
    100 SH QEP RESOURCES 2012-03 PURCHASE 2012-11   2,847 3,076     -229  
    226.9 SH CRA 2012-09 PURCHASE 2012-11   227 227        
    2388.01 SH CRA 2012-03 PURCHASE 2012-11   2,388 2,388        
    30 SH AT&T 2012-03 PURCHASE 2012-11   992 952     40  
    20 SH COMCAST 2012-06 PURCHASE 2012-11   716 631     85  
    20 SH COMCAST 2012-07 PURCHASE 2012-11   716 632     84  
    125 SH CRA 2012-09 PURCHASE 2012-11   125 125        
    138.59 SH CRA 2012-09 PURCHASE 2012-12   139 139        
    25.5 SH CRA 2012-09 PURCHASE 2012-12   25 25        
    60 SH PLAINS EXPLORATION 2012-03 PURCHASE 2012-12   2,610 2,676     -66  
    40 SH PLAINS EXPLORATION 2012-03 PURCHASE 2012-12   1,796 1,784     12  
    50 SH PLAINS EXPLORATION 2012-09 PURCHASE 2012-12   2,246 1,984     262  
    20 SH SEMPRA ENERGY 2012-03 PURCHASE 2012-12   1,431 1,171     260  
    2095.68 SH CRA 2012-03 PURCHASE 2012-12   2,096 2,096        
    30 SH VALERO ENERGY 2012-11 PURCHASE 2012-12   999 890     109  
    3610.9106 SH BNY MELLON BOND FUND 2012-03 PURCHASE 2012-12   49,000 48,567     433  
    1394.268 SH BNY MELLON SM/MID CAP 2012-03 PURCHASE 2012-12   18,000 19,478     -1,478  
    18500 SH CRA 2012-03 PURCHASE 2012-12   18,500 18,500        
    1842.871 SH DREYFUS DIVERSIFIED INTL 2012-03 PURCHASE 2012-12   19,000 17,931     1,069  
    146.199 SH DREYFUS OPPORTUNISTIC S/C 2012-03 PURCHASE 2012-12   4,000 3,896     104  
    211.416 SH DREYFUS SELECT MGR 2012-03 PURCHASE 2012-12   4,000 4,000        
    195.122 SH DREYFUS SELECT MGR 2012-03 PURCHASE 2012-12   4,000 3,820     180  
    2153.262 SH DREYFUS US EQUITY FUND 2012-03 PURCHASE 2012-12   34,000 33,160     840  
    2944.063 SH VIRTUS EMERGING MKTS OPP 2012-08 PURCHASE 2012-12   30,000 28,432     1,568  
    99.6 SH CRA 2012-12 PURCHASE 2012-12   100 100        
    10 SH AIR PRODS & CHEMS 2012-03 PURCHASE 2012-12   845 905     -60  
    2 SH AMAZON 2012-03 PURCHASE 2012-12   518 394     124  
    10 SH AON PLC 2012-04 PURCHASE 2012-12   564 517     47  
    3 SH APPLE 2012-03 PURCHASE 2012-12   1,563 1,794     -231  
    10 SH AT&T 2012-03 PURCHASE 2012-12   335 317     18  
    20 SH B B & T 2012-03 PURCHASE 2012-12   583 621     -38  
    20 SH CARNIVAL 2012-03 PURCHASE 2012-12   741 650     91  
    10 SH CATERPILLAR 2012-03 PURCHASE 2012-12   876 1,091     -215  
    10 SH CELANESE 2012-03 PURCHASE 2012-12   444 454     -10  
    20 SH CENTERPOINT 2012-09 PURCHASE 2012-12   387 387        
    5 SH CHEVRON 2012-03 PURCHASE 2012-12   545 537     8  
    10 SH COCA COLA 2012-03 PURCHASE 2012-12   367 359     8  
    20 SH COMCAST CORP 2012-06 PURCHASE 2012-12   743 631     112  
    10 SH COSTCO 2012-03 PURCHASE 2012-12   991 909     82  
    199930 SH CRA 2012-03 PURCHASE 2012-12   199,930 199,930        
    10 SH DOVER CORP 2012-03 PURCHASE 2012-12   647 633     14  
    10 SH EMC CORP 2012-03 PURCHASE 2012-12   254 294     -40  
    10 SH EATON CORP 2012-11 PURCHASE 2012-12   537 517     20  
    10 SH EXPRESS SCRIPTS 2012-03 PURCHASE 2012-12   538 536     2  
    10 SH EXXON MOBIL 2012-03 PURCHASE 2012-12   872 867     5  
    10 SH FAMILY DLR STORES 2012-07 PURCHASE 2012-12   629 696     -67  
    30 SH GENERAL ELECTRIC 2012-03 PURCHASE 2012-12   626 601     25  
    10 SH GILEAD SCIENCES 2012-03 PURCHASE 2012-12   725 470     255  
    10 SH HALLIBURTON 2012-03 PURCHASE 2012-12   345 334     11  
    10 SH HOME DEPOT 2012-03 PURCHASE 2012-12   612 499     113  
    10 SH HONEYWELL INTL 2012-03 PURCHASE 2012-12   635 612     23  
    20 SH INGERSOLL RAND 2012-03 PURCHASE 2012-12   942 822     120  
    4 SH IBM 2012-09 PURCHASE 2012-12   770 830     -60  
    20 SH INVESCO 2012-03 PURCHASE 2012-12   525 530     -5  
    10 SH JOHNSON CONTROLS 2012-03 PURCHASE 2012-12   299 324     -25  
    10 SH JP MORGAN CHASE 2012-03 PURCHASE 2012-12   438 455     -17  
    10 SH LAS VEGAS SANDS 2012-03 PURCHASE 2012-12   461 588     -127  
    10 SH MARATHON OIL 2012-03 PURCHASE 2012-12   308 327     -19  
    10 SH METLIFE 2012-03 PURCHASE 2012-12   329 381     -52  
    20 SH MONDELEZ INTERNATIONAL 2012-10 PURCHASE 2012-12   513 547     -34  
    10 SH NXP SEMICONDUCTORS NV 2012-03 PURCHASE 2012-12   251 271     -20  
    10 SH OCCIDENTAL PRTROLEUM 2012-12 PURCHASE 2012-12   775 765     10  
    10 SH PEPSICO 2012-06 PURCHASE 2012-12   694 675     19  
    40 SH PFIZER 2012-03 PURCHASE 2012-12   1,006 885     121  
    10 SH PHILLIP MORRIS 2012-03 PURCHASE 2012-12   840 882     -42  
    10 SH PNC FINANCIAL SERVIC ES GROUP 2012-03 PURCHASE 2012-12   586 632     -46  
    10 SH PROCTOR & GAMBLE 2012-03 PURCHASE 2012-12   686 677     9  
    10 SH QUALCOMM 2012-03 PURCHASE 2012-12   617 676     -59  
    4 SH SALESFORCE.COM 2012-03 PURCHASE 2012-12   675 623     52  
    10 SH SEMPRA ENERGY 2012-03 PURCHASE 2012-12   717 585     132  
    20 SH STATE STREET CORP 2012-03 PURCHASE 2012-12   930 924     6  
    10 SH TERADATA 2012-03 PURCHASE 2012-12   620 693     -73  
    3 SH UNION PAC 2012-03 PURCHASE 2012-12   376 329     47  
    10 SH UNITED TECHNOLOGIES 2012-03 PURCHASE 2012-12   826 830     -4  
    20 SH US BANCORP 2012-03 PURCHASE 2012-12   646 641     5  
    20 SH VALERO ENERY 2012-11 PURCHASE 2012-12   678 593     85  
    10 SH VERIZON COMMUNICATIONS 2012-03 PURCHASE 2012-12   433 393     40  
    20 SH WALT DISNEY CP 2012-03 PURCHASE 2012-12   1,000 884     116  
    30 SH WELLS FARGO & COMPANY 2012-07 PURCHASE 2012-12   1,035 1,030     5  
    10 SH YAHOO 2012-11 PURCHASE 2012-12   195 174     21  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STARBUCKS    
    RUSSELL GLOBLA OPPORTUNITIES    
    RUSSELL EMERGING MKTS    
    RUSSELL GLOBAL REAL ESTATE    
    RUSSELL GLOBAL EQUITY    
    RUSSELL US CORE EQUITY    
    RUSSELL US SMALL MID CAP    
    RUSSELL INTL DEVELOPMENT    
    RUSSELL US QUANT EQUITY    
    RUSSELL STRATEGIC BOND    
    RUSSELL GLOBAL INFRASTRUCTURE    
    RUSSELL COMMODITY STRATEGIES    
    FIXED INCOME FUNDS 808,433 820,534
    EQUITIES 1,359,595 1,393,522
    ALTERNATIVE INVESTMENTS 94,800 87,018

    TY 2012 InvestmentsOtherSchedule2
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENTS - OTHER SECURITES AT COST 48,127 48,127

    TY 2012 LegalFeesSchedule
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PERKINS COIE 11,354     11,354


    TY 2012 OtherIncomeSchedule2
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECURITIES LITIGATION CLAIM 9,861 9,861  
    PACIFIC SYSTEMS 1,476    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT AND TRUST MGMT FEES 17,776 17,776    


    TY 2012 TaxesSchedule
    Name:
    KAREN MAYERS GAMORAN FOUNDATION
    EIN: 20-0515144
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAX 2,000      
    FOREIGN TAXES PAID 7 7